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Suppose that the U.S. dollar (USD)/Thai Baht (THB) rate is fixed but prices in Thailand are rising faster than U.S. prices. Then, in real terms

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Suppose that the U.S. dollar (USD)/Thai Baht (THB) rate is fixed but prices in Thailand are rising faster than U.S. prices. Then, in real terms the Thai Baht is expected to be (Please drap and drop the correct word to the blank space above) appreciating depreciating with no change

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